Nelnet, Inc. Strengths, Domain Expertise, and Key Differentiators
Nelnet Campus Commerce is a higher education brand in the United States. With the addition of TMS, it serves colleges and universities with payment processing, billing and tuition management products, and commerce services. The products help students and families afford higher education by stretching payments over semesters and the academic year, rather than taking on burdensome education-related debt. FACTS Management offers managed tuition payment plans and billing services; assistance with financial needs assessment and donor management; school information system software that helps schools automate administrative processes such as admissions, enrollment, scheduling, student billing, attendance, and grade book management; professional development and educational instruction services; and innovative technology products that aid in teacher and student evaluations. Both Campus Commerce and FACT Management are part of Nelnet Business Solution Inc., a Nelnet Company.
Nelnet, Inc. Recent Developments
In June 2020, Nelnet introduced a new business line, Nelnet Renewable Energy, offering community solar developers comprehensive and scalable subscriber acquisition, management and support services. The company also launched a new consumer website, NelnetEnergy.com, aimed at promoting renewable energy and supporting its community solar subscriber acquisition efforts. Nelnet Renewable Energy is committed to expanding renewable energy use by helping solar developers find subscribers for their community solar projects — homeowners, renters and businesses looking for accessible and affordable solar energy.
In 2018, Nelnet completed a significant rebranding effort, bringing RenWeb School Management Solutions under the FACTS brand. now referring to RenWeb as FACTS SIS. FACTS SIS provides school information systems to help schools automate administrative processes such as admissions, enrollment, scheduling, student billing, attendance, and grade book management.
Nelnet, Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Nelnet, Inc. applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Nelnet, Inc. and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Nelnet FACTS Management customers.
Nelnet, Inc. Overview
Ownership: - NNI (NYSE)
Number of Employees: 6199
Nelnet, Inc. Key Enterprise and Cloud Applications
Nelnet FACTS Management
Nelnet, Inc. Revenues, $M:
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Nelnet, Inc. Revenue Breakdown By Type, $M:
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Nelnet, Inc. Enterprise Applications Revenues By Functional Markets, $M:
Nelnet, Inc. Enterprise Applications Revenues By Verticals, $M:
Nelnet, Inc. Revenues By Region, $M
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Nelnet, Inc. Direct vs Indirect sales
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Nelnet, Inc. Customers - Breakdown by Geo, Size, Vertical and Product
No. of Nelnet, Inc. Customers: 13000
No. of Nelnet, Inc. Enterprise Applications Customers: x
No. of Nelnet, Inc. Cloud Customers: x
No. of Nelnet, Inc. Cloud Subscribers: x
Nelnet Campus Commerce provides service for 1,400 colleges and universities worldwide and serves 7.7 million students and families. FACTS Management serves 11,500 private, faith-based K-12 schools, nearly 4.0 million students and families. The majority of the customers are located in United States, recently, the company started offering their solutions in Australia, New Zealand, and Southeast Asia.
Nelnet, Inc. Market Opportunities, M&A and Geo Expansions
FACTS, a division of Nelnet, and broad-based services and technology partner for more than 11,500 schools, appointed Scott Spethman as president, effective immediately. Spethman most recently served as chief sales officer for Nelnet Business Solutions, overseeing sales and customer relationships for FACTS in the K-12 market and Nelnet Campus Commerce in higher education.
In April 2020, Nelnet opened an office in Utah, creating up to 52 high-paying jobs in the next five years. This location will be the headquarters for their recently formed banking operation and is their first Utah office.
In 2018, Nelnet Business Solutions Inc., acquired Tuition Management Systems LLC (TMS), a payments subsidiary of Cognition Financial Corporation. TMS offers tuition payment plans, billing services, payment technology solutions, and refund management to educational institutions. TMS has partnerships with more than 380 colleges and universities and 170 private K-12 schools across the country. Besides Nelnet Business Solutions Inc offering software solution, Nelnet Diversified Solutions also offers student loan servicing software for servicing private education and federal loans, guaranty servicing software, and consulting and professional services to support the technology platforms. Under the brands PaymentSpring and Aware3, the Company has expanded its customer base to include both education and noneducation customers. Aware3, integrated with FACTS Giving is a technology focused on increasing engagement, online giving, and communication for church and not-for-profit customers.
Nelnet, Inc. Risks and Challenges
The company does not have a significant presence in the APAC, and EMEA.
Nelnet, Inc. Ecosystem, Partners, Resellers and SI
Nelnet Campus Commerce has an integration with leading software providers; Workday, Oracle, Ellucian, Jenzabar and many more. FACTS Management integrates with Google Classroom, Blackbaud, and Rediker Software.
Nelnet, Inc. Cloud Infrastructure Insights
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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